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oil and gas

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Image for Analysis: Antitrust rules, Petro-Canada profits may hinder Suncor from selling unit
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Analysis: Antitrust rules, Petro-Canada profits may hinder Suncor from selling unit

By Divya Rajagopal and Rod Nickel TORONTO (Reuters) – Suncor Energy could reap over $8 billion and b...

11th August, 2022

Image for Switch from gas boosts oil demand, but economic headwinds loom – IEA
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Switch from gas boosts oil demand, but economic headwinds loom – IEA

By Noah Browning LONDON (Reuters) – Sweltering summer temperatures and soaring gas prices have boost...

11th August, 2022

Image for Oil drops on Druzhba pipeline restart, demand fears
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Oil drops on Druzhba pipeline restart, demand fears

By Rowena Edwards LONDON (Reuters) – Oil prices fell on Wednesday as Druzhba pipeline flows resumed...

10th August, 2022

Image for Oil up as Russian pipeline halt revives supply constraint fears
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Oil up as Russian pipeline halt revives supply constraint fears

By Laila Kearney NEW YORK (Reuters) -Oil edged up on Tuesday, reversing an early decline as worries...

9th August, 2022

Image for Ukraine halted oil flows to Europe over payment issue, Russia’s Transneft says
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Ukraine halted oil flows to Europe over payment issue, Russia’s Transneft says

MOSCOW (Reuters) -Ukraine has suspended Russian oil pipeline flows to parts of central Europe since...

9th August, 2022

Image for LNG traders absorb huge losses after supply outages
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LNG traders absorb huge losses after supply outages

By Ron Bousso and Marwa Rashad LONDON (Reuters) – Major energy traders are taking hundreds of millio...

9th August, 2022

Image for Oil holds near multi-month lows on demand worries
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Oil holds near multi-month lows on demand worries

By Shadia Nasralla LONDON (Reuters) -Oil prices hovered near multi-month lows on Monday as lingering...

8th August, 2022

Image for Cenovus to buy remaining 50% stake in Toledo refinery from BP
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Cenovus to buy remaining 50% stake in Toledo refinery from BP

(Reuters) -Cenovus Energy Inc will buy the remaining 50% stake it does not already own in Ohio-based...

8th August, 2022

Image for Oil prices end week on multi-month lows on recession fears
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Oil prices end week on multi-month lows on recession fears

By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, recouping some of this week’s loss...

5th August, 2022

Image for Tullow Oil abandons Guyana well after dismal drilling results
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Tullow Oil abandons Guyana well after dismal drilling results

By Muhammed Husain (Reuters) -Africa-focused Tullow Oil said on Friday it would abandon its drilling...

5th August, 2022

Image for OPEC+ agrees tiny output rise in setback for Biden
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OPEC+ agrees tiny output rise in setback for Biden

By Maha El Dahan and Ahmad Ghaddar DUBAI/LONDON (Reuters) – OPEC+ is set to raise its oil output goa...

3rd August, 2022

Image for Oil falls 4%, pressured by surprise U.S. crude, gasoline build
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Oil falls 4%, pressured by surprise U.S. crude, gasoline build

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices slid about 4% on Wednesday, with losses accelerat...

3rd August, 2022